With the capital released from our
partial sale of $DHL (+0,52%) we bought shares in Microsoft.
Microsoft is currently valued at a relatively low P/E multiple. The stock market is critical of the high expenditure on data centers. This has led to a sharp sell-off in the recent past, despite double-digit profit growth.
In our view, Microsoft has become a reliable dividend payer with high dividend growth. In our view, the relatively cheap US dollar also made it a good time to buy.
Microsoft is thus the first of the Big6 IT companies in our value portfolio.
We will publish a detailed stock analysis on our YouTube channel shortly.
What do you think of the acquisition?
